đĄ @MantaNetwork and @Arbitrum Foundation serve different purposes within the blockchain ecosystem. Hereâs a comparison of the two:
đŻ @MantaNetwork and @Arbitrum Foundation aims to address existing issues such as scalability and security. Even though the end goal they want to achieve is similar, their approaches are completely different.
âą Manta Network is a modular blockchain ecosystem that focuses on zero-knowledge (ZK) applications and improving user privacy and scalability:Â
âą Arbitrum offer faster and cheaper transactions to solve Ethereumâs scaling problem.
đŻ #Arbitrum is currently the L2 Giant but if we talk about the opportunity difference #MantaNetwork has more opportunity. The $MANTA price would be at $10 when it reach the same marketcap of $ARB .
âąArbitrum Rank: #35
âąMantaNetwork Rank: #163
âąRank difference: (366%) higher than Manta.
âąArbitrum MC: $3.75B
âąMantaNetwork MC: $442.46M
âąMarketcap difference (748%) higher than Manta.
đŻ You cant beat scarcity that's why the higher the supply, the lower the _______??
âąArbitrum: 10B
âąMantaNetwork: 1B
âąSupply difference: (900%) higher than Manta.
đŻ Regarding the Community and Adoption Arbitrum has gained significant traction within the Ethereum community, with numerous dApps already leveraging its #Layer2 solutions while @MantaNetwork is Still building its community, with a focus on privacy advocates and developers interested in confidential transactions. The arbitrum chain leads the industry and got supported by ethereum talented builders and passionate community while MantaPacific is growing faster and gaining significant attention for the past years.
âąArbitrum TVL: $13.71B
âąMantaNetwork TVL: $770M
âąTVL Difference: (1680%) higher than Manta.
đŻ Revenue and Cost Trends Over the Year: @MantaNetwork may have a lower revenue compared to other L2 Giants, but it remains competitive in terms of a lower cost ratio. It is the ONLY L2 that has maintained a cost lower than 20% from it's revenue.
âą Arbitrum: 62%
âą MantaNetwork: 18%
âą Revenue and Cost difference: (44%) higher than Manta.
đŻTotal Gas fees Saved:
âąArbitrum- $3.32M
âąMantaNetwork - $13.95M
âąGas Saved difference: 420% higher than Arbitrum.
đŻActive wallet address:
âąArbitrum: 1.44M
âąMantaNetwork: 1.76M
âąActive wallet difference: (22%) higher than Arbitrum.
đŻThe YoY growth rate active address of TOP L2's.
âąArbitrum: 94%
âąMantaNetwork: 1174%
âąYoY difference: (1080%) higher than Arbitrum.
đŻ Total Transaction:
âąArbitrum: 1.37B
âąMantaNetwork: $76M
âąTransaction difference: (1703%) higher than Manta.
đŻ Average Transaction Fee in the last 24H.
âą Arbitrum: $0.004
âą MantaNetwork: $0.000
âą Transaction Fee Difference: (300%) higher than Manta.
CONCLUSION: The data gathered here are from top Layer 2 platforms that provide transparent and verifiable insights into their growth potential. Please note that this information does not constitute financial advice. While both platforms boast unique competitive advantages, their primary focus is addressing Ethereum's scalability issues rather than competing with each other. Notably, #ARB and Manta Network still have ample for growth and development. underscoring their promising prospects in enhancing Ethereum's ecosystem.